$125,000

228 Gates, Elyria, OH 44035

  • 4 beds |
  • 2 baths |
  • 1,491 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $84/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 5:18PM
Listing Office:
EXP Realty, LLC. : 866-212-4991
Listing Agent:
George Vujadinovic : 440-502-9128
MLS ID:
5198378
  • Laundry: In Unit
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Forced AirGas
  • Disability Feature: None
  • Parking: No GaragePaved
  • Roofing: Slate
  • General: Vinyl Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Elyria CSD - 4706
  • County: Lorain
  • Zoning: 06-26-019-102-010
  • Fencing: Chain LinkPartialWood
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of George Vujadinovic , EXP Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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